Lee Enterprises (LEE) director buys 5,566 shares in open-market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEE ENTERPRISES, Inc director and ten percent owner David Henry Hoffmann reported buying a total of 5,566 shares of Common Stock in open-market purchases. The trades included 2,500 shares at $10.80, 1,500 shares at $10.47, and 1,566 shares at $9.82 per share. Following these transactions, he holds 11,522,808 shares directly and 618,900 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,566 shares ($58,083)
Net Buy
4 txns
Insider
Hoffmann David Henry
Role
null
Bought
5,566 shs ($58K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,566 | $9.82 | $15K |
| Purchase | Common Stock | 1,500 | $10.47 | $16K |
| Purchase | Common Stock | 2,500 | $10.80 | $27K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 11,522,808 shares (Direct, null);
Common Stock — 618,900 shares (Indirect, By Trust)
Footnotes (1)
- [object Object]
Key Figures
Total shares purchased: 5,566 shares
June 11 purchase: 1,566 shares at $9.82/share
June 10 purchase: 1,500 shares at $10.47/share
+3 more
6 metrics
Total shares purchased
5,566 shares
Open-market purchases of Common Stock
June 11 purchase
1,566 shares at $9.82/share
Common Stock open-market purchase
June 10 purchase
1,500 shares at $10.47/share
Common Stock open-market purchase
June 9 purchase
2,500 shares at $10.80/share
Common Stock open-market purchase
Direct holdings after trades
11,522,808 shares
Common Stock owned directly after latest purchase
Indirect holdings by trust
618,900 shares
Common Stock held indirectly by trust as of June 9
Key Terms
open-market purchase, Common Stock, ten percent owner, weighted average purchase price
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
ten percent owner financial
""is_ten_percent_owner": 1"
weighted average purchase price financial
"the price reported reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
FAQ
What insider transactions did LEE (Lee Enterprises) disclose in this Form 4?
Lee Enterprises reported that director and ten percent owner David Henry Hoffmann bought 5,566 shares of Common Stock in open-market purchases over three days, increasing both his direct and indirect ownership stakes in the company.
Does the LEE Form 4 mention any special trading arrangements or plans?
The filing notes that one transaction used a weighted average purchase price across multiple trades, but it does not reference any Rule 10b5-1 trading plan or pre-arranged trading arrangement in the provided footnote text.